The agreement, CoreWeave’s largest disclosed contract to date, will provide Meta with dedicated AI infrastructure across multiple locations.
CoreWeave has signed an expanded, long-term agreement with Meta Platforms to provide AI cloud infrastructure through December 2032, in a deal valued at approximately $21 billion, the company announced Wednesday.
The contract extends an existing relationship between the two companies and will see dedicated computing capacity deployed across multiple locations. The rollout will include some of the first deployments of Nvidia’s Vera Rubin platform, a next-generation AI chip architecture. CoreWeave said the distributed approach is designed to optimize performance, resilience, and scalability for Meta’s AI operations.
“Leading companies are choosing CoreWeave’s AI cloud to run their most demanding workloads,” said Michael Intrator, co-founder and chief executive of CoreWeave.
Also Read: Most Boards Were Built for a Pre-AI World. The Bill Is Coming Due.
The deal underscores the surging industry appetite for high-performance cloud infrastructure as AI models grow larger and more computationally intensive. CoreWeave, which listed on Nasdaq earlier this year under the ticker CRWV, has built its business around GPU-accelerated cloud computing tailored for AI workloads.
Additional details have been filed with the U.S. Securities and Exchange Commission.
